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Azerbaijan - Illuminated Signs And Illuminated Name-Plates - Market Analysis, Forecast, Size, Trends And Insights
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View PricingIlluminated Sign Price in Azerbaijan - 2022
Contents:
- Illuminated Sign Price in Azerbaijan (CIF) - 2022
- Illuminated Sign Price in Azerbaijan (FOB) - 2022
- Illuminated Sign Imports in Azerbaijan
- Illuminated Sign Exports in Azerbaijan
Illuminated Sign Price in Azerbaijan (CIF) - 2022
In 2022, the average illuminated sign import price amounted to $16,985 per ton, which is down by -6.1% against the previous year. Over the period under review, import price indicated slight growth from 2012 to 2022: its price increased at an average annual rate of +1.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, illuminated sign import price increased by +55.2% against 2017 indices. The pace of growth appeared the most rapid in 2021 an increase of 47%. The import price peaked at $18,696 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was South Korea ($98,499 per ton), while the price for Iran ($3,683 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+32.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Illuminated Sign Price in Azerbaijan (FOB) - 2022
In 2022, the average illuminated sign export price amounted to $24,938 per ton, growing by 48% against the previous year. In general, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, illuminated sign export price decreased by -14.6% against 2020 indices. The export price peaked at $29,207 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($33,939 per ton), while the average price for exports to Turkey ($9,399 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Luxembourg (+30.0%), while the prices for the other major destinations experienced more modest paces of growth.
Illuminated Sign Imports in Azerbaijan
In 2022, imports of illuminated signs and illuminated name-plates into Azerbaijan expanded rapidly to 75 tons, with an increase of 14% against the year before. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +5.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -32.0% against 2020 indices. The pace of growth was the most pronounced in 2020 with an increase of 72% against the previous year. As a result, imports attained the peak of 110 tons. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, illuminated sign imports totaled $1.3M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +18.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -6.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 78% against the previous year. As a result, imports reached the peak of $1.4M. From 2021 to 2022, the growth of imports failed to regain momentum.
Import of Illuminated Sign in Azerbaijan (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 331 | 475 | 327 | 444 | 10.3% |
China | 139 | 427 | 132 | 268 | 24.5% |
South Korea | 15.8 | 61.8 | 165 | 148 | 110.8% |
Russia | 29.1 | 118 | 90.7 | 85.5 | 43.2% |
Italy | 52.1 | 6.6 | 74.4 | 66.8 | 8.6% |
Singapore | 15.5 | 24.6 | 34.0 | 34.1 | 30.1% |
Iran | 8.0 | 5.4 | 5.7 | 7.8 | -0.8% |
Pakistan | N/A | 6.2 | N/A | N/A | 0% |
Others | 173 | 231 | 358 | 218 | 8.0% |
Total | 764 | 1,356 | 1,187 | 1,271 | 18.5% |
Top Suppliers of Illuminated Sign to Azerbaijan in 2022:
- Turkey (36.1 tons)
- China (24.9 tons)
- Russia (2.5 tons)
- Iran (2.1 tons)
- Italy (1.7 tons)
- South Korea (1.5 tons)
- Singapore (1.3 tons)
Illuminated Sign Exports in Azerbaijan
In 2022, after two years of decline, there was significant growth in shipments abroad of illuminated signs and illuminated name-plates, when their volume increased by 137% to 71 kg. Over the period under review, exports, however, recorded a sharp shrinkage.
In value terms, illuminated sign exports surged to $1.8K in 2022. In general, exports, however, saw a sharp contraction.
Export of Illuminated Sign in Azerbaijan (USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Georgia | 2,653 | 102 | 279 | 1,135 | -24.6% |
United Kingdom | 1,416 | 204 | 144 | 487 | -29.9% |
Luxembourg | 91.0 | 78.0 | 35.0 | 77.0 | -5.4% |
Turkey | 177 | 112 | 38.0 | 68.0 | -27.3% |
Namibia | N/A | 2,528 | N/A | N/A | 0% |
Belarus | 102 | N/A | N/A | N/A | 0% |
Others | 3,096 | 1.0 | 14.0 | 1.0 | -93.1% |
Total | 7,535 | 3,025 | 510 | 1,768 | -38.3% |
Top Export Markets for Illuminated Sign from Azerbaijan in 2022:
- Georgia (44.0 kg)
- United Kingdom (14.0 kg)
- Turkey (7.0 kg)
- Luxembourg (5.0 kg)
This report provides an in-depth analysis of the illuminated sign market in Azerbaijan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27402400 - Illuminated signs, illuminated name-plates and the like (including road signs)
Country coverage:
- Azerbaijan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Azerbaijan
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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